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Alaska Statutes.
Title 6. Banks and Financial Institutions
Chapter 15. Mutual Savings Bank Act
Section 20. Chartering of Mutual Banks.
previous: Section 10. Declaration of Policy.
next: Section 30. Issuance of Charter.

AS 06.15.020. Chartering of Mutual Banks.

Upon written application by five signatories from among not less than 21 individuals acting in the capacity of qualified corporators named in the application, the department may issue a charter for a mutual bank.


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Last modified 9/3/2005